Zhongsheng Gaoke announced that its controlling shareholder, Fuzhou Qianjing Investment Co., Ltd., plans to increase its stake in the company through the Shenzhen Stock Exchange trading system within six months from the date of the announcement. The amount of the increase will be no less than 30 million yuan, and the number of shares added will not exceed 5 percent of the company's total share capital. This increase has no price limit and will be implemented opportunistically based on stock price fluctuations and market trends, through methods including centralized bidding and block trades. As of the announcement date, Fuzhou Qianjing directly holds 27.8836 million shares of the company, accounting for 22.35 percent of the total share capital. It has not disclosed any share increase plans in the previous 12 months, and there has been no reduction in holdings in the preceding six months. Fuzhou Qianjing stated that the increase is based on confidence in the company's future development and recognition of the stock's long-term investment value, aiming to enhance investor confidence and safeguard the interests of all investors. It also pledged not to reduce its holdings during the increase period and within the statutory lock-up period. This increase will not cause the company's share distribution to fail to meet listing conditions, will not trigger a mandatory tender offer, and will not lead to a change in the controlling shareholder or actual controller.
Jiangsu Gaoke Petrochemical CoControlling shareholder plans to increase stake by at least 30 million yuan, signaling confidence and supporting stock price